If you compare the increase in value of investment property in Leongatha, 3953 to the rest of Australia, it performed somewhat poorly. The median increase in value, or capital gain property investors experienced for this VIC suburb was 0.81%.
The five-year average increase in median property values for Leongatha,3953 has given property investors a potential capital gain of 8.30% across each of those five years.
Vendor discounting in Leongatha is giving property investors an average Vendor Discount of around -5.47%. This puts suburb at number 326th in VIC when ranking the most discounted suburbs.
On average over the past year, suburb has had 8.67 sales per month, which equates to 104 per year.
Renters in Suburb are facing rents around $3300 per annum or $275 every week.
At number 731th in the list of Australian suburbs ordered by increase in median house value over the last year, Leongatha, 3953 is in the top half with a property value increase of 4.49% recorded in median house prices.
Across a shorter period, Leongatha, 3953 has seen a median price increase of 3.52% over the last quarter.
In the last year 12 properties changed hands in Leongatha, which puts it as the 365th most active market in VIC when comparing the number of sales per suburb.
The VIC suburb of Leongatha, 3953 is in the South Gippsland local government area.